Money Matters
Ralf Speth to step down from the CEO position in JLR
The British automaker Jaguar Land Rover (JLR) is going to say goodbye to his top man. The 65-year-old German Ralf Speth is not going to extend his contract…
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Marco Gobbetti: Burberry performance was better than expected
The British fashion brand Burberry is more positive about the turnover in the current financial year, after good performances during the holiday period. Burberry benefited from a strong…
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Mike Coupe resigns from Sainsbury supermarket chain
CEO Mike Coupe resigns from British supermarket company Sainsbury, after being at the helm for six years. He will be succeeded in the beginning of June by Simon…
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EasyJet begins the New Year with strong stats
The British low coster easyJet has said it had a strong start to its new financial year. The company benefited from problems with competitors, such as the loss…
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Fosun out of the race for GV Gold, Kenes Rakishev and Roman Trotsenko are on track
Fosun investment umbrella corporation does not intend to buy GV Gold mining company also known as “PAO Vysochayshiy”. Chinese investors plan to step back from the competition for…
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Massive job cuts at Barclays expected
The Barclays bank wants to cut its management layer. There are a hundred senior employees in the investment division who have to fear for their jobs. With the…
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Flybe in talks with the government
The British airline Flybe is in trouble again. According to the Sky News, talks are currently being conducted with the British government for emergency loan. A year ago,…
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